234 S Snow Prairie RdColdwaterMI49036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Coldwater at 234 S Snow Prairie Rd, Coldwater, MI, 49036 at $224,900 posts ROI 20.37% with $29/mo cash flow from $1,512/mo rent. Total monthly income equals $1,512/mo, and annual cash flow records $344/yr on $74,554 to close. Return on cash invested measures 20.37% and rental yield reads 8.07% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 105.86% and total cumulative return in cash totals $78,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,512/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49036, Coldwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,077 (100%) |
| Owner Occupied HU | 6,734 (55.8%) |
| Renter Occupied HU | 2,756 (22.8%) |
| Vacant Housing Units | 2,587 (21.4%) |
| Median Home Value | $166,465 |
| Average Home Value | $212,591 |
Housing Distribution
Address Breakdown
Residential
11,009
Single Family
10,036
Multi-Family
973
Businesses
866
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